{"id":558303,"date":"2021-08-04T04:22:37","date_gmt":"2021-08-04T04:22:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/subsidized-bread-to-rise-in-price-for-first-time-in-a-generation\/"},"modified":"2021-08-04T04:22:37","modified_gmt":"2021-08-04T04:22:37","slug":"subsidized-bread-to-rise-in-price-for-first-time-in-a-generation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/subsidized-bread-to-rise-in-price-for-first-time-in-a-generation\/","title":{"rendered":"Subsidized bread to rise in price for first time in a generation"},"content":{"rendered":"

<\/a> SMART POLICY- Subsidized bread prices may increase for the first time in decades<\/strong>, after President Abdel Fattah El Sisi raised the prospect in a speech yesterday on the sidelines of an event that marked the opening of state-owned complex that will produce meals for school children (watch, runtime: 2:11<\/a>). The president didn\u2019t specify how much the price of a 5-piaster baladi loaf could increase by, but said that the increase would be modest. \u201cI'm not saying we make it significantly more expensive, not as much as it costs to make it, which is 65 or 60 piasters, but [higher prices] are necessary,\u201d El Sisi said. \u201cIt's unfathomable to sell 20 loaves for the price of a [single] cigarette,\u201d he added.<\/p>\n

The removal of bread subsidies could help get a parallel plan to improve child nutrition <\/strong>off the ground: <\/strong>The nationwide scheme is expected to cost EGP 7.7 bn, with a single meal served daily to each child expected to come in at between EGP 6-7, El Sisi also said yesterday (watch, runtime: 16:36<\/a>). Among the ways the government will cover the cost is through making use of potential savings from cutting bread subsidies, as well as by tapping into separate budgets allocated individually to ministries, El Sisi added.<\/p>\n

When will the final price be announced?<\/strong> The Supply Ministry is now drafting the new price hikes in a report that will then be shipped to the Cabinet for review and approval, ministry spokesperson Ahmed Kamal said, Al Shorouk<\/a> reports.<\/p>\n

The increase could affect the majority of the Egyptian population: <\/strong>Over 65 mn people<\/a> are part of welfare programs that allocate five loaves of bread per day to each person at less than one-tenth of what it costs to produce. Prices of other essential commodities \u2014 including fuel<\/a> \u2014 have increased in recent years as the Sisi administration gradually lifted ruinous energy subsidies, but bread remained untouched. Reuters<\/a> took note of the story.<\/p>\n

Bread subsidies have long been a controversial topic in Egyptian politics<\/strong>. \u0650\u0650\u0650A previous decision to hike the price of a loaf in 1977 prompted nationwide protests in what became known as \u201cbread riots<\/a>.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

SMART POLICY- Subsidized bread prices may increase for the first time in decades, after President Abdel Fattah El Sisi raised the prospect in a speech yesterday on the sidelines of an event that marked the opening of state-owned complex that will produce meals for school children (watch, runtime: 2:11). The president didn\u2019t specify how much […]<\/p>\n","protected":false},"author":1,"featured_media":558304,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9261],"tags":[96,72,100,127,190,98],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-subsidies","tag-abdel-fattah-el-sisi","tag-enterpriseam","tag-policy","tag-politics","tag-social-welfare","tag-subsidies","wpautop","entry"],"acf":{"mongo_id":"cff5080b-b5e6-4d57-8920-c15466348892","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/8\/81.jpg","photo_position":"above","related_issue":[558299],"teaser":"","voice_url":""},"yoast_head":"\nSubsidized bread to rise in price for first time in a generation - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/subsidized-bread-to-rise-in-price-for-first-time-in-a-generation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Subsidized bread to rise in price for first time in a generation\" \/>\n<meta property=\"og:description\" content=\"SMART POLICY- Subsidized bread prices may increase for the first time in decades, after President Abdel Fattah El Sisi raised the prospect in a speech yesterday on the sidelines of an event that marked the opening of state-owned complex that will produce meals for school children (watch, runtime: 2:11). The president didn\u2019t specify how much […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/subsidized-bread-to-rise-in-price-for-first-time-in-a-generation\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-04T04:22:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/81.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/subsidized-bread-to-rise-in-price-for-first-time-in-a-generation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/subsidized-bread-to-rise-in-price-for-first-time-in-a-generation\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Subsidized bread to rise in price for first time in a generation\",\"datePublished\":\"2021-08-04T04:22:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/subsidized-bread-to-rise-in-price-for-first-time-in-a-generation\/\"},\"wordCount\":359,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/subsidized-bread-to-rise-in-price-for-first-time-in-a-generation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/81.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abdel Fattah El Sisi\",\"EnterpriseAM\",\"policy\",\"politics\",\"social welfare\",\"subsidies\"],\"articleSection\":[\"SUBSIDIES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/subsidized-bread-to-rise-in-price-for-first-time-in-a-generation\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/subsidized-bread-to-rise-in-price-for-first-time-in-a-generation\/\",\"name\":\"Subsidized bread to rise in price for first time in a generation - 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now, El Moselhy tells Senate: The Sisi administration\u2019s previously-floated plan to replace subsidized bread with cash transfers is not going to happen anytime soon, Supply Minister Ali El Moselhy told the Senate yesterday. \u201cWe can begin to consider this policy some time\u2026","rel":"","context":"In "Public policy"","block_context":{"text":"Public policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/public-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/394.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547892,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/last-nights-talk-shows-el-sisi-lands-in-berlin-subsidized-bread-prices-arent-changing\/","url_meta":{"origin":558303,"position":1},"title":"Last Night\u2019s Talk Shows: El Sisi lands in Berlin + Subsidized bread prices aren\u2019t changing","author":"enterpriseam admin","date":"18 July 2022","format":false,"excerpt":"The nation\u2019s talking heads had a lot to cover last night between President Abdel Fattah El Sisi landing in Berlin, the future of subsidized bread and the national team making it to the 2022 African Men's Handball Championship final.El Sisi\u2019s visit to Berlin to co-chair this year\u2019s Petersberg ClimateDialogue received\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542524,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/out-with-the-in-kind-in-with-the-banknotes\/","url_meta":{"origin":558303,"position":2},"title":"Out with the in-kind, in with the banknotes","author":"enterpriseam admin","date":"2 January 2022","format":false,"excerpt":"Farmers could soon be getting cash subsidies for fertilizers instead of in-kind subsidies, after President Abdel Fattah El Sisi called for the switch last week at the inauguration of expansions to the Kima 2 ammonia and urea industrial complex in Aswan (watch, runtime: 21:20). The move away from in-kind subsidies\u2026","rel":"","context":"In "Policy"","block_context":{"text":"Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/7.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556554,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/31\/supply-ministry-downplays-potential-for-bread-subsidy-cuts-as-global-wheat-prices-rise\/","url_meta":{"origin":558303,"position":3},"title":"Supply Ministry downplays potential for bread subsidy cuts as global wheat prices rise","author":"enterpriseam admin","date":"31 October 2021","format":false,"excerpt":"Bread prices may rise, but it will \u201ctake time\u201d: The government is playing down the likelihood of an imminent increase in the price of subsidized bread amid rising global wheat prices, with Supply Minister Al El Moselhy telling reporters on Thursday that it \u201cwill take time\u201d for the government to\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/323.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558511,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/15\/sisi-says-bread-subsidies-will-be-restructured-not-removed\/","url_meta":{"origin":558303,"position":4},"title":"Sisi says bread subsidies will be \u201crestructured,\u201d not removed","author":"enterpriseam admin","date":"15 August 2021","format":false,"excerpt":"The nation\u2019s airwaves last night were awash in coverage of President Abdel Fattah El Sisi\u2019s speech yesterday in Badr City as he inaugurated a number of housing developments in the new city.El Sisi used the occasion to set things straight on the potential rise in the price of subsidized bread,\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542530,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/expect-a-decision-by-march-on-how-bread-subsidies-will-be-reworked-moselhy\/","url_meta":{"origin":558303,"position":5},"title":"Expect a decision by March on how bread subsidies will be reworked -Moselhy","author":"enterpriseam admin","date":"2 January 2022","format":false,"excerpt":"Subsidies were the topic of the night on the talkshows as Supply Minister Ali El Moselhy phoned into Ala Mas\u2019ouleety to discuss the government\u2019s plans to increase the price of subsidized bread (watch, runtime: 8:14 | 7:39 | 3:52). The ministry is considering several scenarios \u2014 which include targeted subsidy\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/558303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=558303"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/558303\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/558299"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/558304"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=558303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=558303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=558303"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=558303"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=558303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}